Ideally, I'd like to purchase a buy and hold single family property, but am not opposed to flips either.

So another factor - is an empty rental in winter temperatures. 

While underwriting considerations given to compensating factors may carry the day for you, I find raw numbers have their own value as well.

It can look a little scrubby in parts (because Clinton township doesn't enforce code that well) but its ideal for BRRRR (and/or your eventual exit strategy, which is super important) because it has actual owner-occupants wanting to live there.

Ideally is you play your cards right you might be able to house hack while you're in college. 

I am not familiar with the area in terms of neighborhoods and was hoping to get some insight into which areas are safest to live in and ideal for purchasing rental property.

I also think that using an abundance of caution could potentially discourage someone who is looking around for a good candidate to sue.Another big factor is probably the size of your operation/ investments.

It basically provides all the risk factors, operating agreement, and subscription agreement.

Thanks in advance I deal with a lot of boomer+ plex owners that do rent this way and have since the 80s.

Im guessing not much since it is a newer home.Also, be sure you are factoring in a vacancy rate (whatever the area's rate is).